Schedule 13G
Table of Contents

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO

FILED PURSUANT TO 13d-2

 

 

 

JinkoSolar Holding Co., Ltd.

(Name of Issuer)

 

 

 

Ordinary Shares, par value US$0.00002 per share

(Title of Class of Securities)

 

47759T100

(CUSIP Number)

 

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

[Continued on following pages]

 

 

 

 

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Table of Contents

TABLE OF CONTENTS

 

SIGNATURE      7   
LIST OF EXHIBIT      8   
JOINT FILING AGREEMENT      1   

 

2


Table of Contents

Schedule 13G

 

 

CUSIP No. 47759T100

 

  1   

NAMES OF REPORTING PERSONS

 

Kangping Chen

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    People’s Republic of China

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     

SOLE VOTING POWER

 

    13,285,700 Ordinary Shares

   6   

SHARED VOTING POWER

 

    0

   7   

SOLE DISPOSITIVE POWER

 

    13,285,700 Ordinary Shares

   8   

SHARED DISPOSITIVE POWER

 

    0

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    13,285,700 Ordinary Shares

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    14.0%

12

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    IN

 

 

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Table of Contents

Schedule 13G

 

 

CUSIP No. 47759T100

 

  1   

NAMES OF REPORTING PERSONS

 

Yale Pride Limited

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    British Virgin Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     

SOLE VOTING POWER

 

    13,285,700 Ordinary Shares

   6   

SHARED VOTING POWER

 

    0

   7   

SOLE DISPOSITIVE POWER

 

    13,285,700 Ordinary Shares

   8   

SHARED DISPOSITIVE POWER

 

    0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    13,285,700 Ordinary Shares

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    14.0%

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    CO

 

 

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Table of Contents

Schedule 13G

 

CUSIP No. 47759T100

 

ITEM 1   (a).    NAME OF ISSUER:      
     JinkoSolar Holding Co., Ltd. (the “Issuer”)      
ITEM 1   (b).    ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:      
    

1 Jingke Road, Shangrao

Economic Development Zone

Jiangxi Province, 334100

People’s Republic of China

     
ITEM 2   (a).    NAME OF PERSON FILING:      
    

This Schedule 13G is filed by and on behalf of:

 

(a)    Kangping Chen; and

 

(b)    Yale Pride Limited (“Yale Pride”).

     
ITEM 2   (b).    ADDRESS OR PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:      
    

For Kangping Chen:

 

1 Jingke Road

Shangrao Economic Development Zone

Jiangxi Province, 334100

People’s Republic of China

 

For Yale Pride:

 

Quastisky Building

PO Box 4389

Road Town, Tortolar

British Virgin Islands

     
ITEM 2   (c)    CITIZENSHIP:      
     Mr. Chen is a citizen of the People’s Republic of China. Yale Pride is a British Virgin Islands company.      
ITEM 2   (d).    TITLE OF CLASS OF SECURITIES:      
     Ordinary Shares, par value US$0.00002 per share      
ITEM 2   (e).    CUSIP NUMBER:      
     47759T100      
ITEM 3.   STATEMENT FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b) or (c):   
  Not applicable.   

 

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Table of Contents

Schedule 13G

CUSIP NO. 47759T100

 

ITEM 4.      OWNERSHIP:      
   The following information with respect to the ownership of the Ordinary Shares of the Issuer by the persons filing this statement is provided as of December 31, 2010. The percentage amounts are based on 95,078,262 Ordinary Shares outstanding as of December 31, 2010 (excluding 4,070,898 ordinary shares issuable upon the exercise of outstanding options granted under the Issuer’s long-term incentive plan and 3,103,832 ordinary shares reserved for issuance under the Issuer’s long-term incentive plan), as derived from the Issuer’s corporate records.

 

Reporting Person

   Amount
beneficially
owned:
     Percent
of class:
    Sole power
to vote or
direct
the vote:
   Shared
power to
vote or to
direct
the vote:
   Sole power to
dispose or to
direct the
disposition of:
   Shared power
to dispose or  to
direct the
disposition of:

Kangping Chen

     13,285,700         14.0   13,285,700    0    13,285,700    0

Yale Pride

     13,285,700         14.0   13,285,700    0    13,285,700    0

 

   Yale Pride is the record holder of 13,285,700 Ordinary Shares of the Issuer. Mr. Kangping Chen is the sole director of Yale Pride and as such has power to vote and dispose of the Ordinary Shares held by Yale Pride. Mr. Kangping Chen is the beneficial owner of all the Ordinary Shares held by Yale Pride.   
   Yale Pride is indirectly wholly owned by HSBC International Trustee Limited in its capacity as trustee of an irrevocable trust (the “Trust”) constituted under the laws of the Cayman Islands, with Kangping Chen as the settlor and Min Liang, Dong Chen, Xuanle Chen and Xiaoxuan Chen, all of whom are family members of Kangping Chen, and Charming Grade Limited, a British Virgin Islands company wholly owned by Kangping Chen, as the beneficiaries. The Trust was established for the purposes of Kangping Chen’s wealth management and family succession planning. Yale Pride is directly wholly owned by Krusen Limited, a British Virgin Islands company, which is in turn wholly owned by HSBC International Trustee Limited. Therefore, HSBC International Trustee Limited as trustee of the Trust indirectly holds the shares of Yale Pride. HSBC International Trustee Limited is a professional trustee company wholly owned by HSBC Holdings plc. Kangping Chen is the sole director of Yale Pride. HSBC International Trustee Limited as trustee of the Trust has no power to dispose of the Ordinary Shares held by Yale Pride except upon written instruction by the protector of the Trust, or to avoid criminal sanction or civil liability to persons not connected with the Trust, or to avoid adverse impact on the reputation of HSBC International Trustee Limited or any of its associates.   
ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.   
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following:  ¨   
ITEM 6.    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.      
  

Not applicable

     
ITEM 7.    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
   Not applicable
ITEM 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.      
   Not applicable      
ITEM 9.    NOTICE OF DISSOLUTION OF GROUP.      
   Not applicable      
ITEM 10.    CERTIFICATION.      
   Not applicable      

 

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Table of Contents

CUSIP NO. 47759T100

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 11, 2011

 

Kangping Chen

/s/ Kangping Chen

  Kangping Chen
Yale Pride Limited
By:  

/s/ Kangping Chen

  Name: Kangping Chen
  Title: Director

 

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Table of Contents

Schedule 13G

CUSIP NO. 47759T100

LIST OF EXHIBIT

 

Exhibit No.

  

Description

99.1    Joint Filing Agreement

 

8